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Oct 1, 2012
10/12
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the last time anyone came back from a four-point deficit was in 1999 and that was on home soil. and that was a stunning final day then. but for the europeans to come over to the american soil and to achieve this victory, it's truly historic. it was not expected at all. the americans looked like they were going to be racing favorites and certainties on the final day. all they needed from a possible 12 points was 4 1/2. they only managed 3 1/2. so it was left to the europeans to lead from the front, leading by example with an incredible spirit and an incredible belief. and they won the first five matches. and the united states could not respond. tiger woods had a very poor week here and, indeed, the who american team were left dumb struck on the final day after combining so well on the first tw days and displaying wonderful team spirit. but it did not fire at all on the last day. >> i didn't know golfers could get that excited. talk about amazing. let's talk about rory mcilroy, he won a big match, but he almost missed his tee time, which is, of course, kind of embarrassing. >> rep
the last time anyone came back from a four-point deficit was in 1999 and that was on home soil. and that was a stunning final day then. but for the europeans to come over to the american soil and to achieve this victory, it's truly historic. it was not expected at all. the americans looked like they were going to be racing favorites and certainties on the final day. all they needed from a possible 12 points was 4 1/2. they only managed 3 1/2. so it was left to the europeans to lead from the...
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Sep 28, 2012
09/12
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all those same polls that show president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say this time, pollsters think the 2012 electorate will look a lot like 2008 and this they say is wrong. notice i said this time. back in 2004, democrats complained that the polls which showed george w. bush leading were overestimating the number of republicans who would vote. they were wrong. the polls were right. in 2000, al gore said don't believe the polls, polls showed him losing narrowly. polls were right. in fact, it's hard to find an example of the polls on average getting it wrong unless you go back to 1948, when they predicted thomas dewey defeated president harry truman. cnn political contributor ari fleischer joins us. he's an occasionally unpaid commu
all those same polls that show president obama leading and claims to correct the bias, turning romney deficits into commanding romney leads. the idea behind is it simple. all polls base the outcome on what pollsters believe the electorate will look like, how many democrats versus how many republicans they think will actually turn out. getting that partisan makeup wrong can tilt the predictions. the people that don't believe the polls say this time, pollsters think the 2012 electorate will look...
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Sep 26, 2012
09/12
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who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienating these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i was making the distinction about not just the economy, but deficit and debt. so, i appreciate your desire to have your nominee really focus on playing to the base in the religious right. that is your prerogative, but you can't rewrite polls to say that's a winning strategy when it comes to reaching out. >> what i'm saying to you is that i think the hunt for these elusive independent or undecided voters out there is going to be a losing strategy. it was in 2008 for john mccain. i think it will be this time. i'm not saying he has to make these social issues the heart of
who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienating these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i...
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Oct 3, 2012
10/12
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president, you said you would have the deficit and have a plan to pay down our debt within your first term and you haven't donso. so why should we trust you to keep your promise in your second term. from joe, to both, when will either of you stop worrying about your parties and start worrying more about our nation? facebook.com/carolcnn. keep the conversation going. ♪ [ male announcer ] introducing the all-new completely re-imagined 2013 chevrolet malibu. sleek new styling... sophisticated dual cockpit design, and sport sculpted seats. available chevrolet mylink infotainment system. the all-new 2013 chevrolet malibu. ♪ refined comfort to get you in a malibu state of mind no matter what state you live in. ♪ >>> today is the last day of baseball's regular season. we know all the playoff teams, but not all the division winners. the oakland a's and texas rangers play today to decide the a.l. west champs. the a's won last night to pull into a tie for a top of the division. oakland was 13 games back of texas on june 30th. the a's clinched a wild card spot. the baltimore orioles are as
president, you said you would have the deficit and have a plan to pay down our debt within your first term and you haven't donso. so why should we trust you to keep your promise in your second term. from joe, to both, when will either of you stop worrying about your parties and start worrying more about our nation? facebook.com/carolcnn. keep the conversation going. ♪ [ male announcer ] introducing the all-new completely re-imagined 2013 chevrolet malibu. sleek new styling... sophisticated...
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Sep 30, 2012
09/12
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joe biden campaigned in florida where he argued the obama administration inherited a trillion dollar deficit from the bush administration >>> that the two wars on a credit card without paying a penny >>> president obama and mitt romney tucker downed cramming for next week's debate showdown both sides work hard to lower expectations by praising their opponent. romney says the president has the advantage is one of the talented political communicators in modern history obama says romney has the edge to betting about two dozen times during the republican primary >>> in the both have ample experience debating but gov. romney has more practice recently >>> she runs the annenberg center at university of pennsylvania >>> in the challenger has the opportunity to challenge she is competent to stand his own against the president a challenger who accomplishes that wins the first debate >>> jamison says hope candidates called for a big moment that candidates remember like john mccain said bonn from a plumber that question president obama >>> john mccain alluded to joe the plumber and that barack obama wo
joe biden campaigned in florida where he argued the obama administration inherited a trillion dollar deficit from the bush administration >>> that the two wars on a credit card without paying a penny >>> president obama and mitt romney tucker downed cramming for next week's debate showdown both sides work hard to lower expectations by praising their opponent. romney says the president has the advantage is one of the talented political communicators in modern history obama says...
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Sep 30, 2012
09/12
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>> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a total, though, right? >> educating -- training two million new workers in our community colleges in conjunction with business to fill jobs that are open right now. boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and, candy, i believe that they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> it will be rendered on november 6 wrth. >> no, they haven't. >> for two years jobs -- >> some of the specific proposals haven't, but, candy, think about the logical extension of what you're sa
>> we're going to do it by responsibly dealing with these deficits while leaving money to invest and those things we need to grow -- education, research and development, clean energy technology. >> those aren't sort of specific proposals. what i'm asking you is -- >> let's talk about -- >> they haven't passed. >> 100,000 new math and science teachers. we need that to move forward as a country. >> that's a total, though, right? >> educating -- training...
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Sep 27, 2012
09/12
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get rid of more regulations on wall street, that jobs and prosperity will rain down on everybody, the deficit will magically disappear, we'll live happily ever after. but there's a problem with this. we just tried this. we tried it in the last decade before i was elected president. it didn't work then and it won't work now because top down economics doesn't work. we don't need to double down on the same trickle-down policies that got us into this mess in the first place. this country doesn't succeed when only the rich get richer. we succeed when the middle class gets bigger. when there are ladders of opportunity for all who strive to get into the middle class, when everybody willing to work hard has a chance to get ahead and live up to their god-given potential. i don't think we can get very far with leaders who write off half the nation as a bunch of victims who never take responsibility for their own lives. i travel around a lot in virginia and across this country. i don't meet a lot of victims. i see hard working virginians, students trying to work their way through college. i see single m
get rid of more regulations on wall street, that jobs and prosperity will rain down on everybody, the deficit will magically disappear, we'll live happily ever after. but there's a problem with this. we just tried this. we tried it in the last decade before i was elected president. it didn't work then and it won't work now because top down economics doesn't work. we don't need to double down on the same trickle-down policies that got us into this mess in the first place. this country doesn't...
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Oct 1, 2012
10/12
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but, those who support obama say the president is more likely to reduce the deficit, to cut entitlement spending like social security, but once again, just not a lot of excitement for either person. which is kind of sad. >> let's talk about excitement on the dow. let's show the stocks because they have been rallying since this morning, what is it -- up 121 points now. got a pretty important report on the manufacturing sector. what do we need to know? >> so what we got was the granddaddy of manufacturing reports and what it showed is that manufacturing is back in expansion territory, the sector is growing again. that could help boost the economy. this is notable because it comes after three months of contraction in manufacturing. also, you look at china, manufacturing in china, in europe, it is going backwards it contracting. sobucking the trend. a good surprise for the u.s. manufacturing is what helped get us out of the recession in 2009. we saw activity picked up, hiring picked up. we saw the trend continuing. we want to see that continue to help the economy move forward. with a lot mo
but, those who support obama say the president is more likely to reduce the deficit, to cut entitlement spending like social security, but once again, just not a lot of excitement for either person. which is kind of sad. >> let's talk about excitement on the dow. let's show the stocks because they have been rallying since this morning, what is it -- up 121 points now. got a pretty important report on the manufacturing sector. what do we need to know? >> so what we got was the...
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Oct 2, 2012
10/12
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number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about the days before express lane. thank you, insurance for the modern world. esurance. now backed by allstate. click or call. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you di
number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car...
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Sep 27, 2012
09/12
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FBC
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oddly enough the federal deficit. ashley: it is interesting because a lot of the economic data, durable goods, we did not see a big selloff on the market at all. people not excited about stimulus in china and the budget. >> i would say those are probably shorter-term things. when people think about their investment career, they think on a longer-term and the things that will really affect that, they are not overseas, they are here. ashley: what about the fed and twqe3, is that just a short-term fix? >> all of our investors are self-directed making their own directions, bu but i'm not envisioning a scenario where we will see a drop some of your previous guests have mentioned. if we were to see that, we would have seen it with the vix. ashley: was the biggest trend you're seeing with investors right now? >> i think one of the trend is we are seeing in our world, a secular trend across industry, people keep talking about declining equity volumes and declining since 2008 but what they are missing is the derivatives volume
oddly enough the federal deficit. ashley: it is interesting because a lot of the economic data, durable goods, we did not see a big selloff on the market at all. people not excited about stimulus in china and the budget. >> i would say those are probably shorter-term things. when people think about their investment career, they think on a longer-term and the things that will really affect that, they are not overseas, they are here. ashley: what about the fed and twqe3, is that just a...
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Oct 2, 2012
10/12
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number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you didn't have any of the bare necessities. >> right. >> sean: but you survived as a family. you talked about a tough childhood with your father. he would come home once a week intoxicated, be tough on the whole family. but here we are in a country, do you think at this time in this country, 49 million americans needing foods stamps, 1 in 6 in poverty. >> it's important we get our world economy back, and the united states gets our economy back again. as i said earlier, just alone, if you build the infrastruc
number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >>...
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Sep 27, 2012
09/12
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also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're popular. so that's why budget cruncher
also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts...
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Oct 3, 2012
10/12
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or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the policies that he has proposed to congress that congress will not deal with because they're more focused on theron re-election and not focused on getting the american people back to work. he said his policies will continue to bring about jobs. it will fasten economic growth in this country, and that he has a plan to deal with the federal deficit as well. i think the president can say that. >> as long as we don't have a wardrobe malfunction, we're good. >> we'll keep it rated g. anna, what are some of the pit falls that romney has to avoid here, because, you know, both candida
or if i can figure out if it adds up and not add up to the federal deficit. i think president obama needs to make his points very clear and concise and not try to give us too many soundbytes. first of all, he should say my policies helped to end the greatest economic disaster since the great depression. then, number two, he should stress that we've created more than five million jobs. those job numbers have been revived, of course. the president needs to be clear that his policies and the...
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Sep 26, 2012
09/12
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wendell, how big is governor romney's lead on the deficit issue? >>guest: four points. a new poll, after four years of trillion dollar deficits, that may not be ohio voters' most important economic concern given they prefer president obama as governor romney as the candidate who does a better job on the economy. a spokesman said "as time progresses the field is looking like it is narrowing for them. in that sense we would rather be us than them." romney officials accuse the obama camp of spiking the ball on the 30-yard line. press secretary carney said the real question is, what would the replacement refs do if someone spiked the ball on the 30. >>shepard: that is an interesting point. chinese trade practices on the campaign trade today was a talker. >>guest: rather than the auto bailout which is usually the subject in ohio, mitt romney says that china's cheating costs jobs. he promised to crackdown on subsidies and currency manipulation. the president has won twice as many trade cases against china in four years, he says, as the predecessor did in eight years. today hi
wendell, how big is governor romney's lead on the deficit issue? >>guest: four points. a new poll, after four years of trillion dollar deficits, that may not be ohio voters' most important economic concern given they prefer president obama as governor romney as the candidate who does a better job on the economy. a spokesman said "as time progresses the field is looking like it is narrowing for them. in that sense we would rather be us than them." romney officials accuse the...
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Oct 2, 2012
10/12
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there have been so many economic failure failures, the failure to create jobs or bring down the deficit. >> kevin, i want to get to some smalls we have on latino likely voters, but i want to quickly ask you, why did governor romney wait to this point to bring this forward on immigration policy? >> well, kate, we've had a lot of discussions on this issue. i think this was an opportunity where a question was asked, specifically on that question, and the governor answered it. he did talk in expansive terms about immigration, what he would do to modernize the immigration system, how it's an important part of our economy. during his recent interview that he had with univision. and i think it will continue to be a part of this debate. >> kevin, i want to show you, we put up on our screen for our viewers some new polling we have out today, showing that president obama really has an overwhelming lead among likely latino voters. 70 to 26 for governor romney. are now aggressively courting the latino vote, are you expecting to get anywhere near or beyond what senator mccain got back in 2008, which
there have been so many economic failure failures, the failure to create jobs or bring down the deficit. >> kevin, i want to get to some smalls we have on latino likely voters, but i want to quickly ask you, why did governor romney wait to this point to bring this forward on immigration policy? >> well, kate, we've had a lot of discussions on this issue. i think this was an opportunity where a question was asked, specifically on that question, and the governor answered it. he did...
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in a bid to convince its european partners and investors that it is serious about reducing its low deficit so let me get this straight thousands of protesters taking to the streets are unhappy with the direction of their government they're facing occasional clashes with police. seems like an awful lot like the sort of discontent we saw with occupy wall street for some reason the corporate media didn't react the same way when protesters here in the u.s. were upset about high unemployment and government corruption. what started as less than a dozen college students camping out in a park near the new york stock exchange is now hundreds of protesters and it spread to other cities but one of the protesting nobody seems to know this shows you what a slow news day this is and to have you get on like that we've got good reviews we don't need this if i were you i would be sure of birth for your kid so what you have people nervous still married with their holy there more to. do there that you. know you know. you really are trying to you need for their talents. their you know they told you there's an
in a bid to convince its european partners and investors that it is serious about reducing its low deficit so let me get this straight thousands of protesters taking to the streets are unhappy with the direction of their government they're facing occasional clashes with police. seems like an awful lot like the sort of discontent we saw with occupy wall street for some reason the corporate media didn't react the same way when protesters here in the u.s. were upset about high unemployment and...
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Sep 26, 2012
09/12
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we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this round. we begin with you. >> do you think any changes are needed to benefit new hampshire's business community? >> what i have heard about mostly from the business community in terms of integration are the high-end technical employees that they would like to be able to talk about going to new hampshire. as well as, on the art or cultural sector, another is an issue about bringing in part-time work on the road in hopkinton, and i know we need to bring people in. but in general, i have not heard any immigration issues in new hampshire. i thi
we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this...
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Oct 2, 2012
10/12
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that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the treasury bonds or why you carve out the spousal exemption for why you took $5 million from sheldon adelson. this is from my son. last year when you and the president went on a budget standoff that threaten to shut down the government, he voted to continue paying members of congress. you voted against a bill which would have been short the members of the armed services continue to get paid. how could you in good conscience vote to continue your own pay but vote to stop paying our servicemen and women that you voted to send into combat in afghanistan?
that increased our deficit by almost $1 trillion. maybe if we can negotiate more, maybe we can have more money left for infrastructure and schools and teacher pay and police officers. that is where we need it. it is not about regulation. i was looking how to make a profit. we overcome the obstacles we find. frome so far removed reality. i don't think you know what the small business is a less it is a hedge fund. this was a difficult thing for me. i was going to ask about the insuring the...
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Oct 2, 2012
10/12
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CSPAN
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[laughter] on the deficit it was that the deficits do not matter. biology boggles some of them, that guy in missouri, too, for that matter. what happens the morning after the election from a loses? i wonder about the morning after the morning after though. we have gone way too far to the right and we need a different republican party. we need a center-right republican party which i think the country really needs. it needs to be a check on the rate -- the left and center left and that is the only way we will get a check on these issues. >> history suggests the second term of clinton and reagan were the productive terms where they had big achievements. it's hard to know whether the republican party, where they will portion the blame if that happens. the question is how they decide to spend the next four years. i think it's very hard to tell, but there is some hope in looking back at both clinton and reagan. >> reagan was also considered a far right and it took running a far right republican party at the time by whoever the thomas friedman equivalent w
[laughter] on the deficit it was that the deficits do not matter. biology boggles some of them, that guy in missouri, too, for that matter. what happens the morning after the election from a loses? i wonder about the morning after the morning after though. we have gone way too far to the right and we need a different republican party. we need a center-right republican party which i think the country really needs. it needs to be a check on the rate -- the left and center left and that is the...
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Oct 2, 2012
10/12
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MSNBC
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of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut, but i'm not going to tell you how i'm going to do it. can he get away with it with even the -- >> i hope not. i think this is a moment for jim lehrer to be very tough, respectful tough, and for president obama to come back at him and to say, look, i'm happy to see -- your running mate said he didn't have enough time on sunday. that's too bad. that's terrible, in fact. i'm willing to cede, governor romney -- >> could jim lehrer get away with simply saying, i have a little liberty here, a little leeway, i will give you all the time it takes. tell us now
of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised...
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Oct 4, 2012
10/12
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. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most important 45 minutes of the campaign, all about the economy. i've known jim lehrer for a long time. he won't be constricted by the -- he could well go into libya and what's been happening in the second part of the debate. >> not just the first 45 minutes are important, after the debate, our job, the fact checking, reality checking, wolf, a little bit on that. >> we certainly do, anderson. a very impressive reality check team to determine if the candidates are telling us the truth tonight. john berman is one of the team's leaders, joining us now. john, you have been fact checking candidates' recent claims on the cam
. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most...
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Sep 28, 2012
09/12
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>> germany is telling france hey, you got to get that budget deficit under control, big budget deficit is verboten the socialist president of france, francois hollande, tax the rich, not so rich, capital gains, profits, you name it, there will be a big new tax. on upper end of income every dollar over a certain level the french government will take 75 cents. rip it right out of your hand. 75 cents on the dollar. more than $200,000, they take 45 cents on the dollar, almost half. bill, this is a massive gamble because france's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros.
>> germany is telling france hey, you got to get that budget deficit under control, big budget deficit is verboten the socialist president of france, francois hollande, tax the rich, not so rich, capital gains, profits, you name it, there will be a big new tax. on upper end of income every dollar over a certain level the french government will take 75 cents. rip it right out of your hand. 75 cents on the dollar. more than $200,000, they take 45 cents on the dollar, almost half. bill, this...
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Sep 26, 2012
09/12
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>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in westerville, ohio. martha: fire and protests in the streets of europe. listen to some of this. [shouting]. those are the scenes with riot police out in force in the streets of the city of madrid. clashing with hooded protesters there. tens of thousands of demonstrators have taken to the streets according to reports on the ground there. they're angered at another round of steep budget cuts that have come down. a default is the concern here and that could sink europe's economy and could sink ours as well, many economists believe if it comes to that. amy kellogg joins me live
>> do we want four more years of trillion dollar deficits? >> know. >> i don't believe we can afford four more years like the last four years and the reason i believe after the debates and after the cam panes and after all the ads are over, the people of ohio are going to say loud and clear on november 6th, we can't afford four more years. we must do better. [cheers and applause] bill: you can watch this speech. it steams life on foxnews.com as the rally continues there in...
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Oct 1, 2012
10/12
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he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....
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Sep 29, 2012
09/12
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why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these folks, you have household income growth for people at the high end. what does that mean? one thing it means is that if you look at snap enrollment, people talk about how increase in three years. it increased since 2000. medicaid. when bill clinton gave his talk at the democratic national convention he was incredibly shrewd because he did not talk about medicare. why did he not talk about medicare? medicare is not the real difference in terms of numbers between these two campaigns. it really is medicaid. when you look at medicaid and who benefits from medicaid, it is a lot
why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these...
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Sep 27, 2012
09/12
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that deficit reduction bill. this summer at the child-care hearing, it made a big difference for parents and providers. let's turn to 1996. the debate was very basic. congress decided to end that child care entitlement at the same time they're ending welfare as we know it. however, advocates joined by governors and congress and the clinton administration, agreed that funds and a doctor was necessary if low income women were facing increased work requirements -- -- in child care was necessary if low-income women ever facing increased work in garments. it was absolutely clear and in that debate that most of the low income women been expected to work or not going to earn enough to pay for child care. this is still true. the battle over quality was eliminated. the governor leading the welfare discussion wanted to completely eliminate minimum standards on the quality set aside. we won bipartisan support to maintain both, but we lost the requirement. there was no meaningful discussion of improvements over those two yea
that deficit reduction bill. this summer at the child-care hearing, it made a big difference for parents and providers. let's turn to 1996. the debate was very basic. congress decided to end that child care entitlement at the same time they're ending welfare as we know it. however, advocates joined by governors and congress and the clinton administration, agreed that funds and a doctor was necessary if low income women were facing increased work requirements -- -- in child care was necessary if...
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Sep 30, 2012
09/12
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in battled ground florida, where he argued that the obama administration inherited trillion-dollar deficits from the bush administration. >> they put two wars on a credit card, not paying a penny, not paying a penny. >> reid: meanwhile be president obama and mitt romney were hunkered down today cramming for next week's debate showdown. both sides are working hard to lower expect aches by praising their opponents. a romney adviser says the president has the advantage as one of the most talented political communicators in modern history. the obama campaign says romney has the agent having debated about two dozen times during the republican primary campaign. >> both of these individuals are had ample experience debating but governor romney has had more practice recently and practice helps. >> kathleen hall jamieson kathls the nonpartisan annenberg center. >> the challenger has the opportunity to establish he is competent to stand up and hold his own against the president of the united states. a challenger who accomplishes that in effect wins the first debate. >> reporter: jamieson says both ca
in battled ground florida, where he argued that the obama administration inherited trillion-dollar deficits from the bush administration. >> they put two wars on a credit card, not paying a penny, not paying a penny. >> reid: meanwhile be president obama and mitt romney were hunkered down today cramming for next week's debate showdown. both sides are working hard to lower expect aches by praising their opponents. a romney adviser says the president has the advantage as one of the...
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Sep 28, 2012
09/12
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CNBC
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cut the deficit and raise the tax rates on upper incomes of successful businesses, guess what it has not worked so far. if it was going to work, it would have already worked. so is this really obama's version of economic patriotism? let's talk. here's jimmy william and cnbc contributor of the american enterprise institute. what is so bloody patriotic about tax hikes, spending increases, regulatory increases and a lousy, worst economy since 1947? >> i'm worried what we will see in 2013 if the president wins is an economic patriot act. and part of it will be dramatically higher taxes on wealthier americans, entrepreneurs. anyone who thinks the end of the obama tax hikes are going to be raising it back to the clinton levels are crazy. you are going to see surtaxes, surtaxes on corporations. there's no way the obama spending numbers work without dramatically higher taxes far above what we saw in the clinton years. >> one of these things has my goat. obama talks about cutting tuition, you can't cut tuition if you expand student loans, is inflated tuition costs across the country and creat
cut the deficit and raise the tax rates on upper incomes of successful businesses, guess what it has not worked so far. if it was going to work, it would have already worked. so is this really obama's version of economic patriotism? let's talk. here's jimmy william and cnbc contributor of the american enterprise institute. what is so bloody patriotic about tax hikes, spending increases, regulatory increases and a lousy, worst economy since 1947? >> i'm worried what we will see in 2013 if...